Shared by
Tibert250
My idea: Breakout of daily level/15m zone.
My plan:
- TP: trailing SL after we broke out, 1m most significant candle low.
- SL: 394, below 5m level formed into this 15m zone.
Review:
Great trade, clear SL and everything. Love that I applied the trailing SL that I had in mind before starting to trade today: 1m most significant candle break.
Exited as we moved towards 397.65. My R:R at this point was 0.5, did not feel like giving back anything so exited.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-05-25 10:18:16 | SPY | buy | $394.830 | long |
| 2022-05-25 10:18:22 | SPY | buy | $394.830 | long |
| 2022-05-25 10:18:40 | SPY | buy | $395.490 | long |
| 2022-05-25 10:19:02 | SPY | sell | $395.650 | long |
| 2022-05-25 10:20:58 | SPY | buy | $395.429 | long |
| 2022-05-25 10:29:16 | SPY | sell | $396.270 | long |
| 2022-05-25 10:37:45 | SPY | sell | $397.100 | long |
| 2022-05-25 10:38:08 | SPY | sell | $397.100 | long |
| 2022-05-25 10:38:08 | SPY | sell | $397.100 | 0 |
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